If a Company Shifts Its Cost Structure by Decreasing Fixed

question 108

True/False

If a company shifts its cost structure by decreasing fixed costs and increasing variable costs,it will lower both the level of risk and its potential for profits.

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Definitions:

Smart Car

A vehicle embedded with advanced technology that offers greater efficiency, safety, and connectivity compared to traditional cars.

Navigation App

A mobile or web application that provides directions, optimal routes, and other travel information to users.

Virtual Assistant

A program that executes tasks or services for a person in response to commands or inquiries.

Intelligent Workplace

An environment that uses digital technology and automation to improve efficiency and effectiveness in the office setting.